CREDIT AGREEMENT by and among LINCOLN EDUCATIONAL SERVICES CORPORATION and its Subsidiaries as Borrowers, THE LENDERS THAT ARE SIGNATORIES HERETO as the Lenders, HPF SERVICE, LLC as the Administrative Agent and Tranche A Collateral Agent, and ALOSTAR...Credit Agreement • August 5th, 2015 • Lincoln Educational Services Corp • Services-educational services • New York
THIS CREDIT AGREEMENT (this “Agreement”), is entered into as of July 31, 2015, by and among LINCOLN EDUCATIONAL SERVICES CORPORATION, a New Jersey corporation (“Parent”), and its Subsidiaries that are now or hereafter a party hereto (Parent and such Subsidiaries, each, individually, a “Borrower”, and collectively, “Borrowers”), the lenders identified on the signature pages hereof as Tranche A Lenders (each of such lenders, together with their respective successors and permitted assigns, are referred to hereinafter as a “Tranche A Lender”, as that term is hereinafter further defined), the lenders identified on the signature pages hereof as Tranche B Lenders (each of such lenders, together with their respective successors and permitted assigns, are referred to hereinafter as a “Tranche B Lender”, as that term is hereinafter further defined; each Tranche A Lender and Tranche B Lender is referred to hereinafter, individually, as a “Lender”, as that term is hereinafter further defined), HPF
